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Intravenous Immunoglobulin (IVIG) Market - Recent Developments in Pharmaceutical Industry
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The global intravenous immunoglobulin market is witnessing high growth due to growing geriatricpopulation, rising health expenditure and increasing number of patients with bleeding disorder. In addition,the market of intravenous immunoglobulinproducts is also witnessing positive growth owing to increasing number of patients suffering from autoimmune diseases, asthma and other pathological conditions coupled with risinguse of IVIG. Technological advancements and introduction of new improved therapies for the treatment of these diseases will further propel the growth of this market. However, side effects such as dermatitis, acute kidney injury and venous thrombosis with the use of IVIG, high cost of treatment and stringent restrains the market growth.
Geographically, North America dominates the global intravenous immunoglobulin marketdue to increasing patient population suffering from autoimmune diseases, asthma and other diseases.Europe is considered as the second largest market of intravenous immunoglobulin due to increasing aging population. According to Eurostat (European Commission) report published in 2013, around 17.8% of the European population were 65 years and above. In addition, Asia-Pacific countries are the emerging nationsfor the global intravenous immunoglobulinmarket due to increasing healthcare awareness among the patient population.
Research Report: http://www.transparencymarketresearch.com/intravenous-immunoglobulin-market.html
Some of the major players operating in this marketincludeBaxter International Inc., Bharat Serums and Vaccines Ltd., Biotest AG,CSL Limited, Grifols S.A., Octapharma AG, OMRIX Biopharmaceuticals Ltd, Kedrion S.p.A and others.
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